Canopy Growth Corporation (TSX: WEED)

Canada flag Canada · Delayed Price · Currency is CAD
4.040
+0.140 (3.59%)
Dec 20, 2024, 4:00 PM EST
-41.45%
Market Cap 425.66M
Revenue (ttm) 280.50M
Net Income (ttm) -564.57M
Shares Out 105.36M
EPS (ttm) -6.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,001,404
Open 3.900
Previous Close 3.900
Day's Range 3.890 - 4.140
52-Week Range 3.740 - 20.500
Beta 1.79
Analysts n/a
Price Target n/a
Earnings Date Feb 7, 2025

About Canopy Growth

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices. It sells its products und... [Read more]

Sector Healthcare
Founded 2009
Employees 1,029
Stock Exchange Toronto Stock Exchange
Ticker Symbol WEED
Full Company Profile

Financial Performance

In 2023, Canopy Growth's revenue was 297.15 million, a decrease of -10.83% compared to the previous year's 333.25 million. Losses were -657.27 million, -79.95% less than in 2022.

Financial Statements

News

Canopy Growth (CGC) Stock Drops Amid Financial Uncertainty

Canopy Growth (CGC) Stock Drops Amid Financial Uncertainty

2 days ago - GuruFocus

Top Marijuana Stocks For Investors 2025

Marijuana stock investors are always looking for the next opportunity. Whether short or long-term gains the goal is to make money. The cannabis industry has seen its fair share of volatility both in t...

3 days ago - MarijuanaStocks

STORZ & BICKEL Makes History as First Vaporizer Brand to Sponsor NYLON House During Miami Art Week

The Brand's Latest Device, VENTY, Crowned Vaporizer of the Year at the 2024 EMJAYS  International Cannabis Awards TUTTLINGEN, Germany , Dec. 12, 2024 /PRNewswire/ -- STORZ & BICKEL GmbH (" STORZ & BIC...

8 days ago - PRNewsWire

EXCLUSIVE: Drug Expert Dr. Carl Hart Slams Cannabis Prohibition Amid Hemp-THC Surge

The rise of hemp-derived cannabinoids like Delta-8 THC is reshaping the cannabis landscape in the U.S. Touted as legal alternatives to Delta-9 THC, these products have surged in popularity, particular...

11 days ago - Benzinga

Canopy Growth Wraps Up Acreage Acquisition Expanding US Cannabis Portfolio, What Investors Need To Know

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) said on Monday that it has fully acquired Acreage Holdings, Inc. (CSE: ACRG , ACRG.B.U)) (OTCQX: ACRHF, ACRDF) via Canopy USA, LLC , its US-domici...

12 days ago - Benzinga

Canopy Growth and Acreage Confirm Canopy USA's Completed Acquisition of Acreage

Canopy USA is now positioned to consolidate operations across its three business units – Wana, Jetty, and Acreage – realizing synergies, cost savings, and supporting growth in state-legal markets acro...

12 days ago - PRNewsWire

Canopy Growth's Seasonal Essentials for Gifting, Gathering, and Unwinding

Holiday cheer starts here—elevate the season with festive flavours and fresh favourites featuring the latest and greatest from Canopy's premium product portfolio SMITHS FALLS, ON , Dec. 4, 2024 /PRNew...

17 days ago - PRNewsWire

Canopy Growth and Acreage Provide Update on Closing Timeline

SMITHS FALLS, ON, and NEW YORK , Dec. 2, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power o...

18 days ago - PRNewsWire

Hemp-based THC revenue may make cannabis stocks more appealing—but there are risks

With cannabis stocks showing steep losses this year on stalled legalization on the U.S. federal level, some companies in the sector are turning to the more thinly-regulated business of THC derived fro...

22 days ago - Market Watch

3 Marijuana Stocks For Your Holiday Trading

What are marijuana stock investors searching for this holiday season? For starters, some companies have recently reported strong quarterly earnings. The better a company performs, the more intriguing ...

24 days ago - MarijuanaStocks

Aurora Cannabis Stock Analysis: Key Levels And Trading Opportunities

Cannabis stocks have faced significant challenges recently, driven by political uncertainty that has further weighed on a sector still struggling to regain its footing since the overhyped all-time hig...

24 days ago - Benzinga

Struggling pot company Canopy Growth taps turnaround pro from outside the industry as CEO

With its stock price down about 19% so far this year and a string of money-losing quarters, Canopy Growth tapped Luc Mongeau as chief executive, taking over from David Klein on Jan. 6.

25 days ago - MarketWatch

Canopy Growth Names New CEO Who Will Succeed David Klein Amid US Expansion

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Tuesday that its board of directors has named Luc Mongeau as the company's next chief executive officer, effective Jan. 6, 2025. Mong...

25 days ago - Benzinga

Canopy Growth appoints Luc Mongeau as CEO

25 days ago - Seeking Alpha

Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO

An accomplished senior leader with more than 25 years of CPG experience, Mr. Mongeau has been actively engaged with the Company's board for nearly two years This appointment follows a comprehensive se...

25 days ago - PRNewsWire

Acreage Provides Update on Corporate Transactions

NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Acreage Holdings, Inc. ("Acreage" or the "Company") (CSE:ACRG.A.U, ACRG.B.U)(OTCQX:ACRHF, ACRDF), a vertically integrated, multi-state operator of canna...

26 days ago - Accesswire

Marijuana Industry Could Stay in Limbo Under Trump

A hands-off policy on cannabis will be a bad outcome for a business already struggling with ambiguous laws.

4 weeks ago - WSJ

What's Happening With Canopy Growth: Is It Time To Buy?

Canopy Growth Corporation ‘s (NASDAQ: CGC) stock has fallen significantly from its recent highs in May 2024. After reaching a peak of $16.41, the stock now trades around $3.93, raising questions abou...

4 weeks ago - Benzinga

The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan

Canopy Growth Corporation ‘s (NASDAQ: CGC) strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates . CEO David Klein and CFO Judy H...

4 weeks ago - Benzinga

The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan

Canopy Growth Corporation‘s CGC strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates . CEO David Klein and CFO Judy Hong provided...

4 weeks ago - Benzinga

Canopy Growth, Aurora And Another Cannabis Giant Unveil Product Innovations, Here's What's New

Several major players in the cannabis industry are expanding their product offerings in Canada and the U.S. through new partnerships and innovative product launches. Canopy Growth Canopy Growth Corpor...

4 weeks ago - Benzinga

Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada

Canopy Growth brings the best of California's award winning Claybourne Pre-Roll Joint brand to adult-use consumers across Canada with the launch of 'Frosted Flyers' SMITHS FALLS, ON , Nov. 20, 2024 /P...

4 weeks ago - PRNewsWire

The Top Canadian Cannabis Stocks for November 2024 Growth

The cannabis industry continues to gain momentum in North America, with Canadian cannabis companies at the forefront of global expansion. As of 2023, the U.S. cannabis industry is projected to surpass...

4 weeks ago - MarijuanaStocks

Canopy Growth Acquisition Target Acreage Reports 30% YoY Decline In Q3, Record Cannabis Wholesale Revenue In NY

Vertically integrated cannabis operator Acreage Holdings, Inc. (CSE: ACRG , ACRG.B.U)) (OTCQX: ACRHF , ACRDF)) reported its financial results Thursday for the third quarter ended Sept. 30, 2024. "In t...

5 weeks ago - Benzinga

Gaetz as Trump's AG seen as bullish for pot stocks, but confirmation looks unlikely

If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.

5 weeks ago - Market Watch